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Can A 59 1/2 Year Old Retire With A $900K 401(k)? Here's How It Can Possibly Work
Yahoo Finance· 2025-09-23 22:01
Many people work for decades, hoping that they can retire when the time arrives. One Redditor recently turned 59 1/2 years old and wants to retire. This individual doesn't have millions of dollars in the bank and shared a post on Reddit that details their situation. A $900,000 401(k) and $400,000 in cash are his main liquid assets. A fully paid-off home and a pension that will bring in $1,000 per month are the other highlights. Redditors debated if it was possible for the 59 1/2 year old to retire. Don't ...